Placed in service 2013
Maine tax credit properties at Year 15 in 2027
HUD's database lists 12 Maine properties placed in service in 2013, with 348 apartments (348 low-income). If the credit period started that year, the 15-year compliance periods end around 2027, and extended use runs to at least 2042 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Rivershore Place 282 Main St, Auburn 04210 | 4% | 22 | 22 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Goose River Apts 6 Alberta Way, Belfast 04915 | 4% | 24 | 24 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Chamberlain Place 258 Chamberlain St, Brewer 04412 | 4% | 32 | 32 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Village Green Apts 12 Drowne Rd, Cumberland 04021 | 9% | 38 | 38 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Straw Way Family Housing 10 Straw Way, Ellsworth 04605 | 9% | 29 | 29 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Gerald Senior Residences 151 Main St, Fairfield 04937 | 9% | 28 | 28 | 2012 | 2027 or 2028 | 2042 or 2043 |
| The Meadows 16 Harmony Ln, Fort Fairfield 04742 | 4% | 25 | 25 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Danforth On High 81 Danforth St, Portland 04101 | 4% | 30 | 30 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Elm Terrace 68 High St, Portland 04101 | 9% | 38 | 38 | 2012 | 2027 or 2028 | 2042 or 2043 |
| Stonecrest Manor (Standish) 36 Annies Way, Standish 04084 | 4% | 25 | 25 | 2011 | 2027 or 2028 | 2042 or 2043 |
| Hyacinth Place 2 Walker St, Westbrook 04092 | 9% | 37 | 37 | 2012 | 2027 or 2028 | 2042 or 2043 |
| New Marblehead Manor One 21 Oak Ln, Windham 04062 | 4% and 9% | 20 | 20 | 2012 | 2027 or 2028 | 2042 or 2043 |
All 13,244 properties as CSV or JSON: Year 15 data download.
What Year 15 changes for these owners
Once the compliance period closes, credit recapture no longer applies, and a right of first refusal held by a nonprofit, a tenant group or a government agency can let it buy for as little as the minimum price in IRC 42(i)(7): the debt not taken on in the five years before the sale, plus the taxes the sale triggers. With the credits claimed and recapture behind them, investor partners have little reason to stay in. The property still owes at least 15 more years of extended use, and unless the agreement or state law rules it out, the owner can ask the agency for a qualified contract after year 14. States can set longer extended use or bar qualified contract requests in their regulatory agreements, so read the recorded agreement for any property here.
Check the exact dates for one property in the compliance timeline calculator, or work the exit numbers in the Year 15 exit and refinance calculator.
Other years in Maine: 2023, 2024, 2025, 2026, 2028, 2029, 2030, 2031, 2032.